Reports on softwood lumber encouraging, offer hope of a deal

Reports on softwood lumber encouraging, offer hope of a deal

The latest news on softwood lumber is being greeted as an encouraging sign by one analyst, who points to several developments that increase hope of a deal between Canada and the United States.

Reports on softwood lumber encouraging, offer hope of a deal: CIBC analyst

That sense of optimism is being expressed by Hamir Patel, the director of paper and forest products research at CIBC Capital Markets, who points to three recent signs: Comments from Prime Minister Justin Trudeau, comments by B.C. Premier John Horgan, and a report by the Canadian Press on what’s holding up a deal.  Read more